WAM Active Limited (ASX:WAA – Get Free Report) insider Simon Poidevin bought 37,450 shares of WAM Active stock in a transaction that occurred on Friday, February 6th. The stock was bought at an average price of A$1.00 per share, with a total value of A$37,450.00.
WAM Active Price Performance
The stock has a market capitalization of $67.58 million, a price-to-earnings ratio of 8.10 and a beta of 0.75.
WAM Active Cuts Dividend
The business also recently disclosed a Interim dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 29th will be issued a dividend of $0.01 per share. The ex-dividend date is Tuesday, June 16th. This represents a dividend yield of 93.0%. WAM Active’s payout ratio is presently 54.55%.
WAM Active Company Profile
WAM Active Limited is a close-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It seeks to invest in stocks of companies that are operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations. It also invests in bills of exchange, other negotiable investments, and debentures. The fund seeks to take advantage of opportunities created by corporate transactions and other trading and arbitrage opportunities.
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